THE DRILL SERGEANT: Shaw River Manganese (ASX: SRR) has identified new zones of manganese-in-soils while conducting a low-cost exploration program at the company’s Otjozondu manganese project (Otjo) in Namibia. New zones of manganese-in-soils have been identified between the Ongorussengo and the Labusrus deposits at Otjo and during in-fill soil sampling north of the Waterloo deposit. […]
THE DRILL SERGEANT: Investigator Resources (ASX: IVR) has increased its understanding in the geological understanding of the Paris silver prospect, located within the company’s Peterlumbo Joint Venture tenement (75 per cent IVR) in South Australia. Recent drilling completed by Investigator has intersected extensive mineralised breccias, which the company considers to have explained its prior uncertainty […]
THE BOURSE WHISPERER: Aphrodite Gold (ASX: AQQ) is planning to build, commission and operate the first new ore processing plant in the Kalgoorlie region for the past 20 years. The company intends to build a new oxide and refractory gold processing plant on the site of its Aphrodite gold project, located near Kalgoorlie in Western […]
THE BOURSE WHISPERER: Volta Mining (ASX: VTM) has told the market it is in advanced discussions with an ‘industry participant’ with respect to formalising collaborative agreements. According to Volta discussions are well underway between both parties with regards to entering into agreements (binding and non-binding) with respect to project finance, drilling services, access to infrastructure, […]
THE DRILL SERGEANT: Eastern Iron (ASX: EFE) has announced an upgrade in the resource estimate for the Five Mile Iron deposit at the company’s wholly-owned Nowa Nowa iron project, located near Bairnsdale in East Gippsland, Victoria. The upgrade is the result of recent drilling, which has provided Eastern Iron with further definition of the resource. […]
THE DRILL SERGEANT: Cassini Resources (ASX: CZI) has received all of the required heritage approvals from the Nygaanyatjarra Land Council for a planned maiden Reverse Circulation (RC) drilling program. The drilling is to be conducted at the Pandora nickel‐copper sulphide target at the company’s 100 per cent-owned West Musgrave project in Western Australia. The first […]
THE BOURSE WHISPERER: Wolf Minerals (ASX: WLF) has commenced development of the company’s Hemerdon tungsten and tin project in Devon, in southwest England. The initial project development activities include: – First drawdown from a US$82 million funding package provided by Resource Capital Fund (RCF); – Commencement of a £75 million (~A$123 million) Engineer Procure Construct […]
THE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has reported, high‐grade results from the latest drilling at the company’s 100 per cent‐owned Candonga iron ore project, located 33 kilometres from its flagship Jambreiro iron ore project in Minas Gerais, Brazil. Candonga project location map. Source: Company announcement The results will be included in the […]
THE DRILL SERGEANT: PMI Gold Corporation (ASX: PVM) has received results from a first pass Reverse Circulation (RC) exploration drilling program at the newly discovered Dynamite Hill prospect. The drilling has intersected shallow gold mineralisation within the limits of the company’s 100 per cent-owned Obotan gold project in the southwest of Ghana. PMI has drilled […]
THE DRILL SERGEANT: Buxton Resources (ASX: BUX) has commenced an RC drilling program at the company’s Widowmaker nickel-copper project in Western Australia. “Our team now has safe access to the Widowmaker nickel-copper project, and drilling has commenced,” Buxton Resources managing director Anthony Maslin said in the company’s announcement to the Australian Securities Exchange. “We have […]
